RBA to cut rates in November and February - CBA

Omkar Godbole FXStreet Contributor

The Commonwealth Bank of Australia (CBA) expects the Reserve Bank of Australia (RBA) to cut rates by 25 basis points in November and deliver another quarter-point rate cut in February 2020.

The current Australian interest rate or RBA's official cash rate is 1.00%. The central bank cut rates by 25 basis points in June and July.

RBA interest rates

Source: global-rates.com

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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